13 Ekim 2012 Cumartesi

Wait Until You Hear This, Ireton Does It Again!

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It was only October 2, 2012 when I drafted an article about the Mayor being asked by the City Council to go to the County Executive and ask about a newly proposed piece of property in the City but owned by the County for a new Skate Park. The article was titled:

Will Mayor Ireton Ask Nice?


Salisbury News has been a place in which local citizens could come to in order to not only see the truth or the other side of everything else the local MSM published, we have also attempted to educate the public as to just who plays what roll in local government. Again, the Mayor is administrative and the Council is legislative. 
Considering there is a Grant involved in this project and a multitude of other projects, the Mayor got himself in deep doo doo not that long ago, (if you'll recall) representing himself as the legislative body when they signed off on a FEMA Grant for 12 Firefighters. 
Now, if you'll recall from the above titled article, the Council requested the Mayor's Office to go to Pollitt and strike a deal. While we worried if he'd do so in good faith, the Mayor, (behind the Council's backs) went ahead and moved forward with yet another, (administrative) Grant for this skate park without the Council's knowledge, AGAIN. 
I am told the City Council Members were NOT aware he had made this move and he did so for the original location in which the Council pretty much said NO to. 
Now, I'm not saying that Rick Pollitt said yes or no to jim but here's what I do know, the Council wasn't informed of the County's position either. A few County Council Members thought it was a nice idea but didn't have the background knowledge to know if it was possible. 
Ladies & Gentlemen, I truly do not understand Mayor Jim Ireton and his ways. It would seem he has a habit of doing the opposite of the Council's wishes and produce Press Releases in order to attempt to make the City Council look bad, or a "Council of No's".
Your local media publishes whatever the Mayor wishes and quite frankly you are not seeing the truth and or both sides. 
Jim Ireton is unhealthy for Salisbury and that's all there is to it. He has no interest in any kind of unity. His hatred towards Terry Cohen and Debbie Campbell quite frankly is sickening. He is following the lead of the former Tilghman Administration and he/they desperately want YOU to believe it's all the Council's fault. They want Debbie Campbell removed from the Council and they want things back to the way they had it when Barrie Tilghman, Mike Dunn, Lynn Cathcart and Gary Comegys were in office.
As your next Mayor I would never pull such stunts. I want and encourage the input and wisdom of this Council's experience. I will RESPECT the fact that the Mayor's position is administrative and not legislative. The Council will be fully aware of where the Mayor's Office is heading and I will seek the advice and encouragement of the City Council. 
It's not Joe Albero's election to lose, it's the citizen's election to lose. 

Top 10 Real Estate Gurus I'd have a BEER with!

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As I was starting out in real estate investing, I took the grand tour of the usual seminars, workshops, boot camps and REIA clubs. Webinars were not around and the internet was just grabbing our attention. I had the benefit of helping run the Miami Real Estate Investor's Association MREIA which provided us the conduit for all the Real Estate Gurus that were currently HOT at the time and are still going strong today.

I am creating this TOP 10 blog list for the benefit of people that are coming into the business and need some guidance. Some are local to Miami, Florida and some national.

Again, this is only my opinion and you may disagree with me and that's OK. Please forgive me if I leave someone out of the list but I am providing the names that taught or brought us into their inner circle of influence.

Here goes:

  1. WOW, what can I say about Preston? I met Preston Ely in New Orleans but we didn't know each other. We know each other through Freedom$soft affiliate campaigns but if I ran into him on the street, I don't think he would recognize me. That's OK because he is an awesome internet marketer whose niche is real estate investing! I like his style and his humor. He goes against the grain but it works. I enjoy his outlook on life and business acumen. He is refreshing and made me a lot of money! That is why he is number one on the list.
  2. Mike Collins invited me to a Tampa workshop on real estate investing years ago. Mike was one of the first gurus to adopt the internet as part of his business. I drove up to Tampa Florida for the weekend and attended the event. I learned more about investing and realized that I had to adopt the internet as a channel for marketing my properties and business. Michael and his staff were very fourth coming with information about real estate investing and made me feel like I was very important to his success.

    Over the years I have seen Mike Collins speak at various real estate events and never lost that feeling that he was someone with a special gift of sharing his wealth of knowledge.


  3. I sat right next to Sam Bell in New Orleans in the front row. Same place I met Preston Ely. I like to think that I knew everyone that was a player in the real estate investing world but I didn't know Sam. He was quiet and didn't say much but we did introduce ourselves by the end of the event. Next time I saw Sam was in Tampa, Florida and to my surprise he was presenting. Man did he surprise me! He delivered BIG TIME. He combined hardcore internet marketing with Real Estate Investing. Every time I listen to him I learn something new. You have to place him on your blog reading list! You won't be disappointed. Light years ahead of me.
  4. Pete Youngs was the first guy I ever saw when I decided to start my real estate investing business. I started out as a rehabber and Pete was the guru's guru when it came to rehabbing houses. He was one of the very first GURU presenters with almost all the real estate investing clubs. I always enjoyed his rehabbing stories and his sense of humor. Also, due to his broad footprint among the real estate investment community, Pete would always have great investment deals or opportunities for his inner circle.
  5. Josh Cantwell is fairly new to my sphere of real estate gurus. I just finished an affiliate campaign in December 2010 with Preston Ely (See #1) and was still fired up about the campaign even though it was over. I received an email from Britt Walker (great contact for affiliate campaigns) who was promoting Josh's "Instant Cash Infusion" product. I said what the hell, since I trusted Britt. Wow, I was impressed! Josh's foreclosure system content was really fresh with current market trends. Home foreclosures vary from state to state but Josh and lawyer Jeff Watson seemed to be on top of their game concerning nationwide foreclosures. Check them out, you'll learn something.
  6. I have been working with Paul Woods since I started this business. Paul is a real estate attorney that has spoken at our real estate investment club many times. His strengths are Asset Protection using the Florida Land Trust and foreclosure defense. When building your team for real estate investing you must have an attorney that knows the legal structures (example: Florida Land Trusts) and contacts associated with real estate investing for your protection and success. Paul is your man!
  7. I met Joel Bauer at an information seminar in Broward, Florida. You know, Fort Lauderdale, college..etc. From my understanding Joel does not come out to the east coast (USA that is...) often so I decided to catch his presentation. He is not a real estate guru but was considered a Info. Marketer. I always want to get ideas about how I can enhance my marketing skills so off to see Joel. It was the fastest workshop I ever attended. He crammed more information into one day than anyone else I ever saw. I thought he was a little strange at first but this was part of his presentation. He kept it real and didn't sugar coat anything. I learned about photo and video editing, business card development, testimonial development, on and on and on...I was very impressed and would see him again in a heartbeat. He's different but that is what I like about him. Never boring and you never know what to expect. Either you like him or you don't. There is no middle of the road with Joel. Pure Energy! He brings it...Baby!
  8. Wayne Wagie is a different kind of real estate guru. He looks at the deal without money by negotiating the deal with the exchange of assets and or terms. Usually no money exchanges hands or very little. He runs a group called the "The Greater Miami Real Estate Exchangors (GMREE)" which meets weekly in Miami-Dade, Florida to discuss different strategies of exchanging real estate. You can exchange a piece of land for a boat or a car. Swap a house in Hawaii for one in South Beach, Florida. Create a note on your property and exchange the note for a percentage of another deal. Wayne teaches you to view and negotiate the deal using NO CASH! Awesome concepts! Check him and his group out.
  9. Paul J. DaCosta runs the Port Charlotte Real Estate Investor's Association on the Gulf Coast of Florida. When I first went to the meeting, I didn't know anyone but Paul had me introduce myself and the rest is history. He has spoken at MREIA several times about real estate investing. Paul is an investor, speaker, author, blogger, internet marketer and is very generous with his time. Paul makes you feel welcome into his social community and if you are ever on the Gulf Coast of Florida make sure you catch Paul at one of his meetings in Port Charlotte, Florida. Right down or across Rt. 75. You won't regret that you did!
  10. Last but not least, Donna Bauer is the first lady on our list. Donna is a real estate guru specializing in purchasing real estate notes. She was one of the first speakers I asked to present at MREIA since my first deal was a note purchase for 15 condo units. Controlling paper on a property is a great strategy for controlling an asset without managing the property. No cleaning toilets for me! She has a wealth of contacts and knowledge for anyone starting out in this business and wants to learn a very unique strategy of real estate investing.

Whew, that took me a long time to put together. There are so many gurus out there that it was difficult to narrow down the people who taught me the business. I Thank all of You!

Now it is your turn! Do you have a real estate investing guru that made a difference in your life? Please tell us about HIM or HER in the comment section below.

Top Blogs

Written by Bob Burns.
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Why aren't Your Real Estate Taxes reduced when Property Values are Down? Time for Tax Appeal!

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It is that time of year again! Every year counties within the United States issue their real estate tax bill to commercial and residential property owners. These funds are used for various line items of the county's budget. Your tax bill is based on the assessed value of the asset according to the tax assessor's evaluation of the properties contained within in the county (Using Arial Photos). It is also based on the last purchase price that you paid for the property.

In case you didn't notice but A LOT of people purchased properties at the height of the market. Did the counties care if you did that? Noooooo....the more you pay for the asset, the more taxes they collect. But what investors didn't count on was the market tanked and property values dropped like a rock in some parts of the country. Unfortunately that included Florida, mainly Broward and Dade counties.

So here you are, holding onto a property and paying taxes (pre-bubble burst) on a property that lost at least half of its value or more! Does the county government care about this? Nooooooo....If they did, there would be less revenue for the county coffers. So what can we do as property owners?

No Taxation without Representation!

Luckily for us our founding forefathers saw this happening too! This great country of ours was founded on tax revolt. They made sure our representatives are held accountable for their actions. So, most counties have made provisions in the municipal code to allow tax payers to appeal their accessed property values. There is a small window, yes I mean SMALL, during the calendar year where you can file the proper documents with the county to ask for a reduction. Now don't get me wrong, the county is not going to give up. They will fight you. You better be able to prove that you are being over taxed!

As a real estate investor, I don't relish the thought of doing this every year for the rest of my life for various reasons:

  1. Time consuming.
  2. Need proper documentation.
  3. Dealing with government employees.
  4. Traffic.
  5. Parking Fees.
  6. And on and on...

I leave that up to EXPERIENCED professionals. Let them hassle with this process. The advantages are:

  1. They know the proper filing dates.
  2. They are experienced.
  3. They know the proper documents to file.
  4. Familiar with the tax appeal system.
  5. They only get paid if you win the appeal.
  6. The asset looks attractive to other investors.
  7. Nice profit windfall for investors. Found Money...Yeah Baby!

Now is the time to start considering how you can increase your cash flows on your real estate investment portfolio. Remember, the window for filing your real estate tax appeal is small so start considering your options NOW!

Do you have any experience with the tax appeal process that you would like to share with us?

Related Links, Blog Postings, Presentations or Articles:

  • Update #1: After I wrote this posting, I started looking for a Real Estate Tax Reduction Specialist because current properties are severely over assessed. Here is a company that has been successfully appealing commercial property taxes for 21 years:
    Real Estate Associates - www.realestateassoc.net

  • Update #2: RETA does residential and commercial. However many Homes are protected by the Save Our Homes Amendment and Homestead exemptions. Therefore the Taxable value maybe lower than the Market or Assessed value. Please send us your properties Folio Number and we will let you know if a reduction is possible.


Top Blogs

Written by Bob Burns.
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MREIA's President
Telephone #: 305-300-6242
email: rkburns@investmentpropertiesmiamiflorida.com
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Landlords, use HUD's Housing Quality Standards Checklist for your Section 8 property inspections.

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HUD's Section 8 department has a program called the Housing Choice Voucher Program. This is the most popular of all the available programs Section Eight or Plan Ocho provides.

There are three parties involved when a voucher transaction occurs:

 

  1. The Property Owner or Land Lord.
  2. The County's Section 8 representatives.
  3. Tenant or Voucher Holder.

Each side has different responsibilities to allow and maintain the rental agreement. I intend to discuss each party's responsibilities over time but today I am reviewing the Land Lord's.

As you may know or may not, HUD has a list of HUD's HOUSING QUALITY STANDARDS CHECKLIST. Before a Tenant can move into a property, HUD must perform an inspection of the UNIT (rental property). A HUD certified inspector and the Land Lord schedule an appointment to inspect the UNIT (rental property). The inspection entails checking:

  • Mechanical.
  • Plumbing.
  • The UNIT's Interior.
  • The UNIT's Exterior.
  • Stairways.
  • Other.

For more inspection details, make sure you visit our HUD's HOUSING QUALITY STANDARDS CHECKLIST page.

If you should fail the initial inspection, the Land Lord has 15 days to correct the all the faults discovered by the HUD inspector and reschedule.

After you pass HUD's initial inspection, your potential Section 8 Tenant can move in after their paper work has been processed.

HUD is not finished!!!!!

In addition to the initial check, HUD performs a yearly inspection of the UNIT and provides their findings to the Tenant and Land Lord. Each violation will be accountable to either the Tenant or Land Lord. The letter will mention what date these violations must be corrected to avoid further action by the Housing Authority.

From my experience with my own properties, I only failed a HUD inspection once and that was beyond my control (hurricane damage).

Do you have any experiences with Section Eight or Plan 8 inspections that you would like to share with us?

Related Blog Postings, Presentations or Articles:

  • Section 8 slide show presentation for Land Lords.

Top Blogs

Written by Bob Burns.
####
The Internet Kahuna Bob Burns MREIA Logo"Dale!"
Bob Burns Print Signature for MREIA
MREIA's President
Telephone #: 305-300-6242
email: rkburns@investmentpropertiesmiamiflorida.com
MREIA's Web Page: www.miamireia.com
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Florida's Hurricane Season and FEMA's Hurricane Preparedness Widget

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Florida's Hurricane Season


One of the biggest pains being a real estate investor in Florida is getting prepared for Hurricane Season. Due to the amount of work, we wait to the last minute before placing the hurricane shutters onto our rental property's windows.

As a result of waiting, problems are going to arise like:

 

  • Going to Home Depot.
  • Gathering Supplies, if available like:
    • Make sure you buy gloves PLEASE. I can't count the times we have been hurt just because we don't have gloves on.
    • Sun Block, Hats, Sunglasses, etc. Florida SUN is brutal. I find that the weather is beautiful just before the storm arrives. Sort of like "The calm before the storm."
    • Buy Wasp spray! As you are installing shutters on the second floor of your investment property you will find out why you need the spray! The EASY way or the HARD way.
    • A SPEED tool that allows you to secure the screws or wing nuts onto the shutter. You will thank me later!
    • Ladders of various sizes. Buy at least one that adjusts to 40 feet made out of fiberglass, NOT ALUMINUM. Why? Hint: High tension electrical cables.
    • Chain Saw and gas for cutting tree branches away from the property and for use after the storm.
  • Waiting in long checkout lines.
  • Loading tools and supplies onto your vehicle. Like getting your ladders onto the truck.
  • Driving to the property! OK for local properties but what if the asset is in another county? At one point I had several properties in Sarasota, Broward, Miami Beach and Miami-Dade.
  • Traffic – People getting out of the storm's path.
  • Finding HELP! Try installing these shutters alone! Now try it on 15 other properties. See what I mean.

You are going to work harder than you ever did before. You' ll be so tired that you want the storm to blow away your portfolio of rental properties so you won't have to ever do this again.

At last the second, the storm veer's and never arrives.

You see how crazy it can get?

Oh, by the way, if for some reason you didn't get the shutters up on time and there is damage as a result of the storm, the insurance company will not pay. Just thought I would mention that!

FEMA Hurricane Preparedness Widget

One of the reason I was inspired to write this post, I found a little widget from FEMA that provides you information about getting prepared for the hurricane season or any other disaster. I have installed this widget on all my sites to help my readers make informed decisions. See the widget sample below.

Related Links, Blog Postings, Presentations or Articles:
  • See our new Section 8 or Plan 8 Miami Florida Blog. A Section 8 or Plan 8 blog for real estate investors and tenants in Miami Florida. This blog is designed to provide content for real estate investors, landlords and potential tenants who wish to participate in the HUD program.

Written by Bob Burns.
 
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12 Ekim 2012 Cuma

EXCLUSIVE: Outside Groups Spend Millions On Ads Featuring Medicare Misinformation

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EXCLUSIVE: Outside Groups Spend Millions On Ads Featuring Medicare Misinformation

By Josh Israel on Oct 10, 2012 at 9:00 amAmerican Action Network ad - 716 Billion Medicare CutsAmerican Action Network adThe false claim that the Affordable Care Act of 2010 cut $716 billion out of Medicare has been oft-repeated in political ads and speeches in recent weeks. The law eliminates current over-payments to insurance companies, limits fraud and waste, and slows the growth of the program. Based on aCongressional Budget Office finding that repeal of the landmark healthcare reform law — and those important provisions — would increase Medicare costs by $716 billion between 2013 and 2022, many have incorrectly asserted that that means the bill will cut that amount from the program. A ThinkProgress analysis of independent advertisements and data from Kantar Media’s CMAG system reveals that between September 1 and October 1, an array of conservative outside groups spent about $8 million in attack ads, repeating the false claim, against House and Senate candidates across the country.The 60 Plus Association, American Action Network, American Crossroads, the Center for Individual Freedom, the Congressional Leadership Fund, Crossroads GPS, the National Federation of Independent Business (NFIB), and the U.S. Chamber of Commerce ran a total of television 27 ads over the period accusing candidates in House and Senate races of supporting “$716 billion in Medicare cuts,” “slashing Medicare spending by over $700 billion,” “cutting $716 billion from Medicare,” and similar variations. Their spots have run in targeted House races in California, Iowa, Illinois, Minnesota, New York, Ohio, Texas, and Utah — and in key Senate races in Florida, Montana, North Dakota, New Mexico, Nevada, Ohio, Virginia, and Wisconsin.One ad — a U.S. Chamber of Commerce spot running in Wisconsin — consists of fake constituent complaints left on an answering machine of the candidate complaining about the alleged cuts. A woman says “My Ma depends on Medicare. Why would you vote to cut it?” A man demands: “Keep your hands of my Medicare.” Another man asks “716 billion?”The U.S. Chamber of Commerce, representing 300,000 businesses, opposed the health care reform law. The NFIB, which claims to represent 350,000 small business owners, unsuccessfully sued to get the law overturned.With about $15.2 million spent by all outside groups on TV ads in House races and about $19 million spent on these “independent” ads in Senate races, the $7,996,260 spent on these “$716 billion in Medicare cuts” ads accounts for almost a quarter of all outside spending over the 31-day period.Thanks to the Supreme Court’s 5-4 Citizens United ruling, outside groups like this are free to run ads for and against political candidates using as much corporate money as they wish. Due to weak disclosure laws, most of those outside groups need never publicly identify the companies and individuals funding their ads.

Suddenly Centrist: The New Moderate Mitt Romney

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Suddenly Centrist: The New Moderate Mitt Romney

By Aviva Shen on Oct 10, 2012 at 9:15 amIn a last ditch effort to win over undecided moderates, Mitt Romney is finally fulfilling his adviser’s prediction that he would become the “Etch-a-Sketch” candidate. During the first presidential debate, Romney started reversing positions he espoused all year while he was trying to placate the Republican base. Since the debate, he’s continued to shed his hard-line stances that alienated moderates.Here are 5 examples of the new moderate Romney:1. “There’s no legislation with regards to abortion that I’m familiar with that would become part of my agenda.” In an interview with the Des Moines Register on Tuesday, Romney backed away from the promises listed on his own website to appoint Supreme Court judges who will overturn Roe v. Wade and end all federal funding for Planned Parenthood. He has also said he would be “delighted” to sign a bill banning all abortions.2. “We want to reduce the burden on middle-income taxpayers, and we’re not going to provide a tax break to high-income taxpayers.” In the same interview, Romney disavowed his own tax plan, which would give high-income taxpayers a litany of tax breaks, including an across the board 20 percent tax cut and the elimination of the estate tax. During the Republican primary, Romney admitted that his plan gives tax breaks to high income tax payers, promising he was “going to cut taxes on everyone across the country by 20 percent, including the top 1 percent.” In order to pay for these tax cuts on the wealthy, Romney would have to raise taxes on middle class families by more than $2,000.3. “Pre-existing conditions are covered under my plan.” Romney misrepresented his health care plan during the debate. In fact, only people who were continuously insured are protectedfrom discrimination. Millions of Americans who have been denied insurance for their pre-existing conditions would be left to their own devices under Romney’s plan.4. “You have to have regulation. And there are some parts of Dodd-Frank that make all the sense in the world.” Also during the debate, Romney suddenly embraced the bank reform law he previously said he would repeal entirely.5. “The people who have received the special visa that the president has put in place, which is a two-year visa, should expect that the visa would continue to be valid.” Considered the mosthard-line immigration candidate in a field of extreme Republican candidates, Romney said he would allow the young undocumented immigrants to keep their special work permits issued by President Obama, though he plans to end the directive if president.Romney surrogates have admitted that Romney is changing his positions for political gain. Rep. Phil Gingrey (R-GA) explained that “strong conservatives would understand” that Romney needs to lean center to cull moderate votes.

Glenn Beck's empty SUV crashes in Finger Lakes

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In this photo provided by DISH, Glenn Beck, right, shows a diagram on his hand as he and Gov. Eliot Spitzer, left, square off at DISH's 'War of the Words' at the Fillmore on Tuesday, Oct. 2, 2012, in Denver. (AP Photo/DISH, Chris Schneider)


In this photo provided by DISH, Glenn Beck, right, shows a diagram on his hand as he and Gov. Eliot Spitzer, left, square off at DISH's 'War of the Words' at the Fillmore on Tuesday, Oct. 2, 2012, in Denver. (AP Photo/DISH, Chris Schneider) / AP

Written by
The Associated Press


Glenn Beck's empty SUV crashes in Finger Lakes



LODI, NY — Radio talk show host Glenn Beck’s family had a close call when their sport utility vehicle rolled down a steep hill in New York’s Finger Lakes region just after they had exited the SUV.
In an account of the mishap posted on Beck’s website, TheBlaze.com, he says he was hugging his newly married daughter as his wife got their young son out of the vehicle. They had just arrived at the cottage rented for the daughter’s wedding reception last weekend in Lodi on Seneca Lake. Beck says the SUV slid down the hill and overturned, coming to rest near the shoreline.
Photos on the website show the SUV with broken windows and damage to its passenger side.
The Seneca County Sheriff’s Office says the accident wasn’t reported to police in the county.

One Month Before the Election, Colorado Marijuana Legalization Still Up Ten Points

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One Month Before the Election, Colorado Marijuana Legalization Still Up Ten Points

  • by Erik Altieri, NORML Communications CoordinatorOctober 9, 2012    


    The University of Denver has just released a new poll of likely Colorado voters and the results are encouraging for marijuana law reform advocates. With just under a month until election day, Colorado’s Amendment 64, which aims to regulate marijuana like alcohol, is still enjoying a ten point lead in the polls.University of Denver polled 604 likely voters in Colorado between October 4th and 5th. They found that 50% were planning on voting yes on Amendment 64, with 40% stating they’d vote no and 10% still undecided. These numbers are holding steady when compared to the Denver Post’s previous polling on the issue in September which showed 51% support to 40% against.If you live in Colorado, be sure to get out to the polls on election day and vote YES on Amendment 64. We can end marijuana prohibition by taking this first crucial step in dismantling the drug war machine. Help us end the thousands of arrests in Colorado every year for marijuana possession and send a resounding message to the federal government that we will no longer tolerate their war against cannabis consumers.Also worth noting is that later today the Campaign to Regulate Marijuana Like Alcohol will be announcing they’ve received the support of over 300 physicians who have signed onto a letter stating their support for Amendment 64. This list includes notable physicians such as Dr. Larry Bedard, former president of the American College of Emergency Physicians, and Dr. Bruce Madison, associate medical director of the faculty at the University of Colorado School of Medicine and vice-chair of the Council on Legislation for the Colorado Medical Society. You can read more this development here.You can read more about this poll here.Learn more about marijuana in the 2012 election by reading NORML’s voter guide, Smoke the Vote.

French phone bill waived after 12qn-euro blunder

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France map


French phone bill waived after 12qn-euro blunderA woman in south-west France, who received a telephone bill of nearly 12qn euros, has had the real amount she owed waived - after the company admitted its mistake.Solenne San Jose, from Pessac outside Bordeaux, said she received a huge shock when she opened the bill for 11,721,000,000,000,000 euros (£9.4qn).This is nearly 6,000 times France's annual economic output.She had requested her account be closed after losing her job last month.The former teaching assistant said she "almost had a heart attack. There were so many zeroes I couldn't even work out how much it was".The phone company, Bouygues Telecom, initially told her there was nothing they could do to amend the computer-generated statement and later offered to set up instalments to pay off the bill.In the end, the company admitted the bill should have been for 117.21 euros only, and eventually waived it altogether.It has also apologised for the gaffe, which it says was down to a printing error and a subsequent misunderstanding between the client and staff at their call centre.

11 Ekim 2012 Perşembe

Never Mind

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The incomparable Rosanne Rosannadanna
From: XXX
To: amherstac@aol.com
Sent: Tue, Oct 9, 2012 2:49 pm

Hi Mr. Kelley,

My name is XXX and recently you posted in your "Only in the Republic of Amherst" blog about myself and my three roommates that were (unfortunately) arrested for violating the town's noise by-laws.

I understand this information is public knowledge, and you have every right to post it, but I'd like to ask that you at least edit the post and remove the comment about us being "obstinate."

This is a false statement. Even if you were to refer to the police report, there are no suggestions that myself nor my roommate Ben Chase acted in an obstinate manner with the police.

Again, I would very much appreciate you doing this,

Best,

XXX
#### 
From: XXX
To: amherstac@aol.com
Sent: Wed, Oct 10, 2012 9:38 am

Hi Mr. Kelley,

This is in regards to the previous email I sent you.

I have just spoken with my landlord and I would like to retract what I said and requested.

Despite my perspective of what happened Friday night and my behavior, I understand there are different opinions among others, perhaps such as yourself. Based on your opinion, you have every right to post that we acted in an obstinate manner.

I apologize for my original email, and can assure you that my roommates and myself have learned our lesson and you will never have a need to post about us again! (at least for this kind of reason)

Have a great day,

 XXX


Top 10 Real Estate Gurus I'd have a BEER with!

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As I was starting out in real estate investing, I took the grand tour of the usual seminars, workshops, boot camps and REIA clubs. Webinars were not around and the internet was just grabbing our attention. I had the benefit of helping run the Miami Real Estate Investor's Association MREIA which provided us the conduit for all the Real Estate Gurus that were currently HOT at the time and are still going strong today.

I am creating this TOP 10 blog list for the benefit of people that are coming into the business and need some guidance. Some are local to Miami, Florida and some national.

Again, this is only my opinion and you may disagree with me and that's OK. Please forgive me if I leave someone out of the list but I am providing the names that taught or brought us into their inner circle of influence.

Here goes:

  1. WOW, what can I say about Preston? I met Preston Ely in New Orleans but we didn't know each other. We know each other through Freedom$soft affiliate campaigns but if I ran into him on the street, I don't think he would recognize me. That's OK because he is an awesome internet marketer whose niche is real estate investing! I like his style and his humor. He goes against the grain but it works. I enjoy his outlook on life and business acumen. He is refreshing and made me a lot of money! That is why he is number one on the list.
  2. Mike Collins invited me to a Tampa workshop on real estate investing years ago. Mike was one of the first gurus to adopt the internet as part of his business. I drove up to Tampa Florida for the weekend and attended the event. I learned more about investing and realized that I had to adopt the internet as a channel for marketing my properties and business. Michael and his staff were very fourth coming with information about real estate investing and made me feel like I was very important to his success.

    Over the years I have seen Mike Collins speak at various real estate events and never lost that feeling that he was someone with a special gift of sharing his wealth of knowledge.


  3. I sat right next to Sam Bell in New Orleans in the front row. Same place I met Preston Ely. I like to think that I knew everyone that was a player in the real estate investing world but I didn't know Sam. He was quiet and didn't say much but we did introduce ourselves by the end of the event. Next time I saw Sam was in Tampa, Florida and to my surprise he was presenting. Man did he surprise me! He delivered BIG TIME. He combined hardcore internet marketing with Real Estate Investing. Every time I listen to him I learn something new. You have to place him on your blog reading list! You won't be disappointed. Light years ahead of me.
  4. Pete Youngs was the first guy I ever saw when I decided to start my real estate investing business. I started out as a rehabber and Pete was the guru's guru when it came to rehabbing houses. He was one of the very first GURU presenters with almost all the real estate investing clubs. I always enjoyed his rehabbing stories and his sense of humor. Also, due to his broad footprint among the real estate investment community, Pete would always have great investment deals or opportunities for his inner circle.
  5. Josh Cantwell is fairly new to my sphere of real estate gurus. I just finished an affiliate campaign in December 2010 with Preston Ely (See #1) and was still fired up about the campaign even though it was over. I received an email from Britt Walker (great contact for affiliate campaigns) who was promoting Josh's "Instant Cash Infusion" product. I said what the hell, since I trusted Britt. Wow, I was impressed! Josh's foreclosure system content was really fresh with current market trends. Home foreclosures vary from state to state but Josh and lawyer Jeff Watson seemed to be on top of their game concerning nationwide foreclosures. Check them out, you'll learn something.
  6. I have been working with Paul Woods since I started this business. Paul is a real estate attorney that has spoken at our real estate investment club many times. His strengths are Asset Protection using the Florida Land Trust and foreclosure defense. When building your team for real estate investing you must have an attorney that knows the legal structures (example: Florida Land Trusts) and contacts associated with real estate investing for your protection and success. Paul is your man!
  7. I met Joel Bauer at an information seminar in Broward, Florida. You know, Fort Lauderdale, college..etc. From my understanding Joel does not come out to the east coast (USA that is...) often so I decided to catch his presentation. He is not a real estate guru but was considered a Info. Marketer. I always want to get ideas about how I can enhance my marketing skills so off to see Joel. It was the fastest workshop I ever attended. He crammed more information into one day than anyone else I ever saw. I thought he was a little strange at first but this was part of his presentation. He kept it real and didn't sugar coat anything. I learned about photo and video editing, business card development, testimonial development, on and on and on...I was very impressed and would see him again in a heartbeat. He's different but that is what I like about him. Never boring and you never know what to expect. Either you like him or you don't. There is no middle of the road with Joel. Pure Energy! He brings it...Baby!
  8. Wayne Wagie is a different kind of real estate guru. He looks at the deal without money by negotiating the deal with the exchange of assets and or terms. Usually no money exchanges hands or very little. He runs a group called the "The Greater Miami Real Estate Exchangors (GMREE)" which meets weekly in Miami-Dade, Florida to discuss different strategies of exchanging real estate. You can exchange a piece of land for a boat or a car. Swap a house in Hawaii for one in South Beach, Florida. Create a note on your property and exchange the note for a percentage of another deal. Wayne teaches you to view and negotiate the deal using NO CASH! Awesome concepts! Check him and his group out.
  9. Paul J. DaCosta runs the Port Charlotte Real Estate Investor's Association on the Gulf Coast of Florida. When I first went to the meeting, I didn't know anyone but Paul had me introduce myself and the rest is history. He has spoken at MREIA several times about real estate investing. Paul is an investor, speaker, author, blogger, internet marketer and is very generous with his time. Paul makes you feel welcome into his social community and if you are ever on the Gulf Coast of Florida make sure you catch Paul at one of his meetings in Port Charlotte, Florida. Right down or across Rt. 75. You won't regret that you did!
  10. Last but not least, Donna Bauer is the first lady on our list. Donna is a real estate guru specializing in purchasing real estate notes. She was one of the first speakers I asked to present at MREIA since my first deal was a note purchase for 15 condo units. Controlling paper on a property is a great strategy for controlling an asset without managing the property. No cleaning toilets for me! She has a wealth of contacts and knowledge for anyone starting out in this business and wants to learn a very unique strategy of real estate investing.

Whew, that took me a long time to put together. There are so many gurus out there that it was difficult to narrow down the people who taught me the business. I Thank all of You!

Now it is your turn! Do you have a real estate investing guru that made a difference in your life? Please tell us about HIM or HER in the comment section below.

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Written by Bob Burns.
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Why aren't Your Real Estate Taxes reduced when Property Values are Down? Time for Tax Appeal!

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It is that time of year again! Every year counties within the United States issue their real estate tax bill to commercial and residential property owners. These funds are used for various line items of the county's budget. Your tax bill is based on the assessed value of the asset according to the tax assessor's evaluation of the properties contained within in the county (Using Arial Photos). It is also based on the last purchase price that you paid for the property.

In case you didn't notice but A LOT of people purchased properties at the height of the market. Did the counties care if you did that? Noooooo....the more you pay for the asset, the more taxes they collect. But what investors didn't count on was the market tanked and property values dropped like a rock in some parts of the country. Unfortunately that included Florida, mainly Broward and Dade counties.

So here you are, holding onto a property and paying taxes (pre-bubble burst) on a property that lost at least half of its value or more! Does the county government care about this? Nooooooo....If they did, there would be less revenue for the county coffers. So what can we do as property owners?

No Taxation without Representation!

Luckily for us our founding forefathers saw this happening too! This great country of ours was founded on tax revolt. They made sure our representatives are held accountable for their actions. So, most counties have made provisions in the municipal code to allow tax payers to appeal their accessed property values. There is a small window, yes I mean SMALL, during the calendar year where you can file the proper documents with the county to ask for a reduction. Now don't get me wrong, the county is not going to give up. They will fight you. You better be able to prove that you are being over taxed!

As a real estate investor, I don't relish the thought of doing this every year for the rest of my life for various reasons:

  1. Time consuming.
  2. Need proper documentation.
  3. Dealing with government employees.
  4. Traffic.
  5. Parking Fees.
  6. And on and on...

I leave that up to EXPERIENCED professionals. Let them hassle with this process. The advantages are:

  1. They know the proper filing dates.
  2. They are experienced.
  3. They know the proper documents to file.
  4. Familiar with the tax appeal system.
  5. They only get paid if you win the appeal.
  6. The asset looks attractive to other investors.
  7. Nice profit windfall for investors. Found Money...Yeah Baby!

Now is the time to start considering how you can increase your cash flows on your real estate investment portfolio. Remember, the window for filing your real estate tax appeal is small so start considering your options NOW!

Do you have any experience with the tax appeal process that you would like to share with us?

Related Links, Blog Postings, Presentations or Articles:

  • Update #1: After I wrote this posting, I started looking for a Real Estate Tax Reduction Specialist because current properties are severely over assessed. Here is a company that has been successfully appealing commercial property taxes for 21 years:
    Real Estate Associates - www.realestateassoc.net

  • Update #2: RETA does residential and commercial. However many Homes are protected by the Save Our Homes Amendment and Homestead exemptions. Therefore the Taxable value maybe lower than the Market or Assessed value. Please send us your properties Folio Number and we will let you know if a reduction is possible.


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Written by Bob Burns.
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MREIA's President
Telephone #: 305-300-6242
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Landlords, use HUD's Housing Quality Standards Checklist for your Section 8 property inspections.

To contact us Click HERE

HUD's Section 8 department has a program called the Housing Choice Voucher Program. This is the most popular of all the available programs Section Eight or Plan Ocho provides.

There are three parties involved when a voucher transaction occurs:

 

  1. The Property Owner or Land Lord.
  2. The County's Section 8 representatives.
  3. Tenant or Voucher Holder.

Each side has different responsibilities to allow and maintain the rental agreement. I intend to discuss each party's responsibilities over time but today I am reviewing the Land Lord's.

As you may know or may not, HUD has a list of HUD's HOUSING QUALITY STANDARDS CHECKLIST. Before a Tenant can move into a property, HUD must perform an inspection of the UNIT (rental property). A HUD certified inspector and the Land Lord schedule an appointment to inspect the UNIT (rental property). The inspection entails checking:

  • Mechanical.
  • Plumbing.
  • The UNIT's Interior.
  • The UNIT's Exterior.
  • Stairways.
  • Other.

For more inspection details, make sure you visit our HUD's HOUSING QUALITY STANDARDS CHECKLIST page.

If you should fail the initial inspection, the Land Lord has 15 days to correct the all the faults discovered by the HUD inspector and reschedule.

After you pass HUD's initial inspection, your potential Section 8 Tenant can move in after their paper work has been processed.

HUD is not finished!!!!!

In addition to the initial check, HUD performs a yearly inspection of the UNIT and provides their findings to the Tenant and Land Lord. Each violation will be accountable to either the Tenant or Land Lord. The letter will mention what date these violations must be corrected to avoid further action by the Housing Authority.

From my experience with my own properties, I only failed a HUD inspection once and that was beyond my control (hurricane damage).

Do you have any experiences with Section Eight or Plan 8 inspections that you would like to share with us?

Related Blog Postings, Presentations or Articles:

  • Section 8 slide show presentation for Land Lords.

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Written by Bob Burns.
####
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MREIA's President
Telephone #: 305-300-6242
email: rkburns@investmentpropertiesmiamiflorida.com
MREIA's Web Page: www.miamireia.com
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Florida's Hurricane Season and FEMA's Hurricane Preparedness Widget

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Florida's Hurricane Season


One of the biggest pains being a real estate investor in Florida is getting prepared for Hurricane Season. Due to the amount of work, we wait to the last minute before placing the hurricane shutters onto our rental property's windows.

As a result of waiting, problems are going to arise like:

 

  • Going to Home Depot.
  • Gathering Supplies, if available like:
    • Make sure you buy gloves PLEASE. I can't count the times we have been hurt just because we don't have gloves on.
    • Sun Block, Hats, Sunglasses, etc. Florida SUN is brutal. I find that the weather is beautiful just before the storm arrives. Sort of like "The calm before the storm."
    • Buy Wasp spray! As you are installing shutters on the second floor of your investment property you will find out why you need the spray! The EASY way or the HARD way.
    • A SPEED tool that allows you to secure the screws or wing nuts onto the shutter. You will thank me later!
    • Ladders of various sizes. Buy at least one that adjusts to 40 feet made out of fiberglass, NOT ALUMINUM. Why? Hint: High tension electrical cables.
    • Chain Saw and gas for cutting tree branches away from the property and for use after the storm.
  • Waiting in long checkout lines.
  • Loading tools and supplies onto your vehicle. Like getting your ladders onto the truck.
  • Driving to the property! OK for local properties but what if the asset is in another county? At one point I had several properties in Sarasota, Broward, Miami Beach and Miami-Dade.
  • Traffic – People getting out of the storm's path.
  • Finding HELP! Try installing these shutters alone! Now try it on 15 other properties. See what I mean.

You are going to work harder than you ever did before. You' ll be so tired that you want the storm to blow away your portfolio of rental properties so you won't have to ever do this again.

At last the second, the storm veer's and never arrives.

You see how crazy it can get?

Oh, by the way, if for some reason you didn't get the shutters up on time and there is damage as a result of the storm, the insurance company will not pay. Just thought I would mention that!

FEMA Hurricane Preparedness Widget

One of the reason I was inspired to write this post, I found a little widget from FEMA that provides you information about getting prepared for the hurricane season or any other disaster. I have installed this widget on all my sites to help my readers make informed decisions. See the widget sample below.

Related Links, Blog Postings, Presentations or Articles:
  • See our new Section 8 or Plan 8 Miami Florida Blog. A Section 8 or Plan 8 blog for real estate investors and tenants in Miami Florida. This blog is designed to provide content for real estate investors, landlords and potential tenants who wish to participate in the HUD program.

Written by Bob Burns.
 
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10 Ekim 2012 Çarşamba

Toyota to recall 7.4 million vehicles over power window glitch

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Toyota to recall 7.4 million vehicles over power window glitch


Analysis & Opinion
Related News

  • Timeline: Major global recalls in the auto industry8:40am EDT
  • China’s IMF boycott undermines quest for clout

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Double Trouble for Toyota.

6:37am EDT
  • Double Trouble for Toyota

By Yoko KubotaTOKYO | Wed Oct 10, 2012 8:48am EDT(Reuters) - Toyota Motor Corp (7203.T) said it would recall more than 7.4 million vehicles worldwide as a faulty power window switch was a potential fire hazard, the latest in a series of setbacks that have dented the reputation of Japan's biggest automaker.The voluntary move is the biggest single recall since Ford pulled 8 million vehicles off the road in 1996 to replace defective ignition switches that could have caused engine fires.Toyota has battled its way back from multiple difficulties since 2008, including a series of recalls involving more than 10 million of its vehicles in 2009-11, and crippled supply chains from last year's earthquake and tsunami in Japan and floods in Thailand. It posted its biggest quarterly operating profit in four years in April-June.The firm regained its crown as the world's best-selling automaker in the first half year and expects to sell 9.76 million cars and light trucks globally this year, including the Daihatsu and Hino brands.More recently, though, Toyota - and other Japanese brands - have seen sales plummet in China, the world's biggest autos market, as a result of protests in a simmering Sino-Japanese territorial dispute. Toyota said on Tuesday that its China sales fell 48.9 percent year-on-year in September. Sales in China account for about 12 percent of its total.QUICK FIXThe recall, intended to fix a malfunctioning power window switch on the driver's side, primarily affects cars in the United States, China and Europe.Toyota's main rivals in the U.S. include Ford and General Motors Co (GM.N), while in China they include Volkswagen AG (VOWG_p.DE), Hyundai Motor Co (005380.KS) and Nissan Motor Co Ltd (7201.T), and in Europe, Hyundai and Nissan.The recall will include some Yaris and Corolla models, with repairs taking about 40 minutes, the company said."The process to repair (the power window switch) is not an extensive one," spokeswoman Monika Saito said, adding that it would involve putting heat-resistant grease on the switches, or exchanging them.Toyota declined to say how much the recall would cost, or what impact it may have on futureearnings.Koichi Sugimoto, senior analyst at BNP Paribas Securities in Tokyo, estimated the recall could cost at least 10 billion yen ($128 million)."Of course, 7 million vehicles is a huge number, but it's probably not going to be like last time when customers in the United States avoided buying Toyota cars. This sounds like a completely different scale from then," he said.GLOBAL SCALEThe recall will include 2.47 million vehicles in the United States, 1.4 million in China and 1.39 million in Europe, the company said.No accidents, injuries or deaths have been reported as a result of the problem, though there is a possibility the malfunctioning switches could emit smoke, Saito said. Toyota's U.S. news release said the problem could lead to fire if commercially available lubricants were used on the switch.Toyota will take in for repair about 459,300 vehicles in Japan, including the Vitz model, produced between 2006 and 2008.The firm is also recalling 650,000 vehicles in Australia and Asia, 490,000 in the Near and Middle East, 240,000 in Canada and 330,000 elsewhere, said Shino Yamada, another spokeswoman for Toyota.The vehicles recalled outside Japan include some models of the Yaris, Vios, Corolla, Matrix, Auris, Camry, RAV4, Highlander, Tundra, Sequoia, xB and xD produced between 2005 and 2010.The first time the problem was reported was in September 2008 in the United States, Saito said.Shares in Toyota ended down 1.9 percent, in line with the broader Nikkei index .N225.

Ann Romney To Visit Cancer Center That Benefited From Stimulus Funds

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Ann Romney To Visit Cancer Center That Benefited From Stimulus Funds

By Igor Volsky on Oct 10, 2012 at 9:28 amAnn Romney, a breast cancer survivor, will visit the Moffitt Cancer Center in Tampa, Florida on Wednesday — which has received millions from the stimulus (American Recovery and Reinvestment Act). Her husband and his running mate Paul Ryan both opposed the measure, which President Obama signed into law in February of 2009.Ann will tour the location and “meet with patients and members of their families.”The Moffit H. Lee Cancer & Research Institute is Florida’s only Comprehensive Cancer Center that conducts “extensive research on cancer as well as providing advanced forms of treatment.” It benefits from “significant federal research funding,” including $23,920,428 from the stimulus:
Romney and Ryan have criticized the president’s stimulus and its results. Romney has said the president’s vision has failed and released a statement saying “the only thing President Obama’s stimulus has produced is a series of broken promises” on the three-year anniversary of the stimulus. These comments haven’t stopped the candidates from campaigning at sites that have benefited from the funding, however.Romney appeared at Watson Truck & Supply in Hobbs, New Mexico, which benefitted from $400,744 in stimulus funds, fundraised at the home of a recipient of stimulus funds, and bashed the stimulus at a small Ohio college that took $80,000 in Recovery Act money.